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CHICAGO, July 23, 2022 /PRNewswire/ – Venzee Technologies Inc. (TSXV:VENZ) (OTCQB:VENZF) (“Venzee” or the “Company“), the artificial intelligence (“AI“) platform for product data, announced today amendments to the terms of a non-brokered private placement of unsecured convertible debentures (“Debentures“) previously announced on June 23, 2022.
The amendment states that conversion within the first year can occur at $0.05 per unit (a “Unit“), but for the second and third year it must be the greater of $0.10 or Market Price (as defined in TSXV policy). All other terms remain the same.
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